Business News and Headlines
Business
July 12, 2019
Wynn to Spend $2bn on Macau Expansion Project
Wynn Resorts Ltd. is boosting its clout in Macau with a $2bn project that will result in 1,300 new rooms and a new building next to the existing Wynn Palace. Wynn Eyes $2bn Expansion in Macau Following tumultuous past two years, Wynn Resorts Ltd. seems to be back in its stride, announcing a $2 billion […]
Business
July 11, 2019
1xBet Secures Liverpool Partnership after Adding Barcelona
Liverpool strikes a partnership with 1xBet The sportsbook continues to expand its clout in soccer Unique fan opportunities emerge as a result Liverpool is the latest partner to technology and betting company 1xBet, with the pair signing a multi-year agreement. Liverpool and 1xBet Enter Multi-Year Partnership Liverpool FC has teamed up with 1xBet, a betting […]
Business
July 10, 2019
Mohawk and The Stars Group Strike Betting Partnership in NY
The Stars Group strikes partnership with Mohawk in NY The companies will explore online betting opportunities Betting facilities to be all ready up by NFL season Through its joint-venture with Fox, The Stars Group is now entering New York sports betting in partnership with Akwesasne Mohawk Casino Resort. Akwesasne Secures TSG Partnership for NY Retail […]
Business
July 2, 2019
UK Operators to Spend 1% of GGR on Responsible Gambling
£60 million per year to be spent on gambling protection Big gambling operators in the UK agree to new protective measures Responsible gambling spending to increase to 1% Top UK operators have agreed to contribute more to help tackle gambling addiction and boost customer protection. The brands will be spending 1% of their gross gaming […]
Business
June 30, 2019
Nevada Falls Behind NJ in Spots Handle in May
New Jersey beats Nevada betting handle for the 1st time Nevada still has good chances of catching up PA gaming and online wagering to threaten NJ revenue New Jersey has made history by topping the betting revenue of Nevada in May 2019. Yet, the state faces a number of challenges ahead. New Jersey Beats Nevada […]
Business
June 27, 2019
UKGC Fines Casinos £19.6m, That’s Not Enough to Protect Customers
The UKGC has slapped operators with £19.6 million worth of penalties in 2018-2019 over failure to meet customer protection practices. The UKGC Doesn’t See Improvement in Customer Protection Practices The UK Gambling Commission (UKGC) continues to warn operators over customer safety misconduct. The nation’s watchdog has slapped operators with £19.6 million in penalties between 2018 […]
Business
June 25, 2019
Eldorado Announces Merger/Acquisition Deal with Caesars
Caesars and Eldorado merger Eldorado assumes 51% control of the businesses Synergies to reach $500 million after concluding the deal Eldorado has finished the $17.3 billion acquisition of Caesars in one of the most expansive business consolidating moves. Eldorado and Caesars Entertainment Merge Eldorado Resorts and Caesars Entertainment Corporation announced a merger agreement that will […]
Business
June 25, 2019
888, Betsson and Sisal Push for Buenos Aires License
Buenos Aires welcomes 888, Betsson and Silas The window to apply for a license closes today, June 25 Argentina hasn’t hinted about sports betting beyond the capital Buenos Aires is becoming one of the most exiting hubs for sports betting in Latin America. Will the numbers once the industry launches back this claim? 888, Betsson […]
Business
June 24, 2019
The UKGC Tells Casinos to Restrict Underage Free Play
The UKGC enforces restrictions on free play games Casinos must discontinue partnering with affiliates that don’t verify age B2B suppliers not affected in the move The UKGC has warned online casinos to restrict the access of users to their affiliates that still offer free play games without the proper age verification. The UKGC Call for […]
Business
June 23, 2019
Bet365 Launches in Full in Mexico Backed by a Local Operator
Bet365 launches Mexican gaming domain
The partnership is stuck for a period of 25 years
Local conglomerate TV Azteca will work with bet365
Bet365 is now fully launched in Mexico thanks to a local partnership with TV Azteca's subsidiary.